The Sensex and Nifty recouped more than half of losses in second half of trade to close 0.5% lower on Wednesday, even after the Indian rupee fell over 1% to hit a record low of 56.18 to the dollar and more than 2% decline in European markets. European markets like France's CAC, Germany's DAX and Britain's FTSE were down 2% each.

1. Daily Newsletter
Newsletter-Equity
24 MAY 2012
EQUITY ANALYSIS - DAILY

2. MARKET WRAP
Nifty ended down losing 24.85 pts, Sensex ended down losing 78.31pts.
Dow Jones Ind. Avg down 1.67 pts, Nasdaq down 8.13 pt, S&P500 up 0.64 pts
Nikkei down 1.98%@172.69 pts, SSE Composite Index down by 9.87 pts.
The Sensex and Nifty recouped more than half of losses in second half of trade to close
0.5% lower on Wednesday, even after the Indian rupee fell over 1% to hit a record low of
56.18 to the dollar and more than 2% decline in European markets. European markets
like France's CAC, Germany's DAX and Britain's FTSE were down 2% each.
MARKET PERFORMANCE
NIFTY GAINERS
COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%)
GAIL India 325.00 313.90 11.10 3.54
Ranbaxy Labs. 501.60 493.00 8.60 1.74
IDFC 120.00 118.35 1.65 1.39
Mahindra & Mahindra 647.00 638.45 8.55 1.34
Dr Reddys Lab 1680.00 1659.40 20.65 1.24
NIFTY LOSERS
COMPANY NAME CURRENT PREV. CLOSE(RS) CANG.(RS) CHAG.(%)
Bharti Airtel 282.10 295.15 -13.05 -4.42
Kotak MahindraBanK 532.80 551.15 -18.35 -3.33
Sesa Goa 178.00 183.95 -5.95 -3.23
Bank Of Baroda 657.15 670.55 -13.40 -2.00
Tata Power 88.65 90.40 -1.75 -1.94

3. SECTORIAL INDICES
INDEX P.CLOSE OPEN HIGH LOW LAST % CHANGE
S&P CNX NIFTY 4,860.50 4,843.00 4,853.75 4,803.95 4,835.65 -0.51
CNX NIFTY
9,463.70 9,460.10 9,460.10 9,347.70 9,388.45 -0.80
JUNIOR
CNX IT 5,822.45 5,854.50 5,865.30 5,766.80 5,832.15 0.17
BANK NIFTY 9,268.80 9,237.35 9,295.65 9,157.20 9,209.90 -0.64
CNX 100 4,762.90 4,748.05 4,752.60 4,707.60 4,736.45 -0.56
S&P CNX DEFTY 3,045.35 3,008.15 3,017.85 2,969.40 2,987.70 -1.89
S&P CNX 500 3,869.80 3,859.95 3,859.95 3,828.40 3,848.80 -0.54
CNX MIDCAP 6,857.35 6,856.50 6,856.50 6,787.95 6,821.85 -0.52
NIFTY MIDCAP
1,971.05 1,970.20 1,970.20 1,948.20 1,956.55 -0.74
50
INDEX MOVERS (PULLING IT UP)
COMPANY NAME CONTRIBUTION
GAIL India 6.02
SBI 5.74
Hindustan Unilever 3.61
Infosys 3.43
Wipro 3.22
22.02
INDEX MOVERS (PULLING IT DOWN)
COMPANY NAME CONTRIBUTION
Maruti Suzuki -0.34
NTPC -0.99
DLF -1.12
Cipla -1.71
Tata Steel -2.59
-6.75

4. CORPORATE ACTIONS ON 24/May/2012
COMPANY NAMES
7Seas Entertainment Jai Corp Shasun Pharmaceuticals
Borosil Glass Works Jet Airways (India) State Bank Of Bikaner & Jaipur
Camlin Fine Sciences Max India Tilak Nagar Industries
Central Bank of India Multi Commodity Exchange TVS Motor Company
Gujarat Alkalies & Chemicals Novartis India Videocon Industries
Hitachi Home & Life Solutions Reliance Power Voltas
FII TRADING ACTIVITY (NSE & BSE) In Crores
CATEGORY DATE BUY VALUE SELL VALUE NET VALUE
FII 22-May-12 1611.91 1895.25 -283.30
DII TRADING ACTIVITY (NSE & BSE) In Crores
CATEGORY DATE BUY VALUE SELL VALUE NET VALUE
DII 22-May-12 927.65 720.05 207.60
F&O TRADE STATISTICS
PRODUCT NO OF CONTRACTS TURNOVER IN RS. CR. PUT CALL RATIO
Index Futures 503257.00 11449.94 -
Stock Futures 487445.00 11440.17 -
Index Options 3847387.00 95391.98 0.88
Stock Options 216440.00 5340.24 0.53
F&O Total 5054529.00 123622.32 0.86

5. TECHNICAL VIEW
NIFTY
DAILY PIVOT
INDICES R4 R3 R2 R1 P S1 S2 S3 S4
NIFTY 4980 4930 4880 4858 4830 4808 4780 4730 4680
OUTLOOK
Trend: - Consolidate
Resistance: - 4900 4980
0,
Support: - 4770, 4
4700
Strategy: - Sell on high
NIFTY DAILY

6. BANK NIFTY
DAILY PIVOT
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
BANK NIFTY 9589 9440 9291 9213 9142 9064 8993 8844 8695
OUTLOOK
Trend: - Consolidate
Resistance: - 9350 9550
0,
Support: - 8980, 8
8800
Strategy: - Sell on High
BANK NIFTY DAILY

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